Sheldon Barnes
For Sale — 7404 Franklin Parke Boulevard, Indianapolis, IN 462597404 Franklin Parke Boulevard
Indianapolis, Indiana 46259
Franklin Parke Estates
4
Beds
4
Baths
2,993
Sq Ft
1992
Year Built
0.36
Acres
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ABOUT THIS HOME
Corner lot in Franklin Park Estates with a 35' x 16' heated in-ground Perma-Glass fiberglass pool & automatic cover-perfect for summer gatherings. This custom 2-story brick & cedar home has been meticulously maintained by its original owner since 1993. A 2-story entry with arched windows opens to the great room with a wood-burning brick fireplace & classic herringbone detail. The kitchen features honey oak cabinetry, granite countertops, generous workspace, & abundant storage. Main level includes a formal dining room, half bath, & large coat closet with built-ins. Upstairs, the primary suite offers a tray ceiling & bath with vaulted ceiling, oversized shower, makeup area, separate water closet, & ample storage. 3 additional bedrooms share a full bath with double sinks & tub. The 2nd floor also includes a laundry room with cabinets & utility sink plus a bonus room over the garage currently used as an office. Partial basement with full bath, new luxury vinyl plank flooring, & additional storage. Oversized 3-car garage opens to a unique 3-lane driveway with parking for up to 6 vehicles. New roof & gutters. Conveniently located 5 minutes from the I-65 Southport Road exit with easy access to shopping & amenities, located in the highly regarded 4-star Franklin Township school district.
Key things to know
- Heated in-ground fiberglass pool with automatic cover
- Primary suite with tray ceiling and spa-like bath
- Bonus room over garage (currently office)
- 2-story entry, wood-burning fireplace, herringbone detail
- New roof and gutters, partial finished basement
Monthly payment
Estimate · $549,900
$3,346/mo
≈ $2,927 principal & interest · $407 tax · $13 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $109,980 on a loan of $439,920.
Price history
- Price reduced$573,000 → $549,900
Apr 30, 2026
- Listedat $585,000
Mar 10, 2026
Franklin Parke Estates · activity
past 6 months
- Sold
- 2
- Median price
- $465,000
- Median DOM
- 116 days
Recent comparable sales
$418,000
7343 Deerberg Drive
5bd · 3ba · 3,179 sqft
Sold Apr 2026
$325,000
8557 Coppel Lane
3bd · 3ba · 2,205 sqft
Sold May 2026
$400,000
7929 Meadow Bend Circle
3bd · 3ba · 3,144 sqft
Sold Apr 2026
$394,990
7433 Deerberg Drive
5bd · 3ba · 2,909 sqft
Sold Apr 2026
$380,000
10008 Redwood Peak Lane
4bd · 3ba · 2,469 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 39% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$585,000Listed· Mar 10, 2026
$549,900Reduced
↓ $35,100 (6.0% off original)
52 days on market
Layout
Schools
Franklin Township Com Sch Corp
Middle
Franklin Central Junior High
High
Franklin Central High School
Neighborhood
- Downtown Indianapolis9.9 mi
- IU Health North Hospital20.9 mi
- Monon Trail (Carmel)21.1 mi
- Fishers High School21.2 mi
- Conner Prairie21.3 mi
- Carmel High School21.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,993 sq ft
Year Built
1992
Stories
Two
Subdivision
Franklin Parke Estates
Bedrooms
4
Bathrooms
3 full, 1 half
Garage
3 spaces
School District
Franklin Township Com Sch Corp